Interpretation of the Notice on Actively Promoting Work Related to Wind Power and Photovoltaic Power Generation without Subsidy

Since the "13th Five-Year Plan", the scale of China's renewable energy has continued to expand, the level of technology has been continuously improved, and the cost of development and construction has continued to decrease. According to statistics, the average construction cost of wind power and photovoltaic power plants put into operation in 2017 is 20% and 45% lower than that in 2012. Under the environment of continuous improvement in the status of renewable energy consumption, the economic efficiency of the project has steadily increased, which has created favorable conditions for the state subsidies to retreat and ease the pressure on subsidy funds.